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Update news vehicle registration tax
Luxury cars abandoned at ports, owners don't show up to collect
Since May, the Hai Phong Customs Agency has repeatedly issued notices on finding the owners of many luxury cars, worth tens of billions of dong, that have been left at the port for several years.
Automobile sales down 42 per cent on chip shortage
The Vietnam Automobile Manufacturers’ Association (VAMA) has announced that its members sold 25,159 vehicles in June, down 42 per cent from May ending three consecutive months of gains.
Automobile sales down 42% due to lack of spare parts
The Vietnam Automobile Manufacturers’ Association (VAMA) said on July 13 that its members sold 25,159 vehicles in June, down 42% from the previous month.
Association: Regulations on localization ratios stifle VN automobile industry
Vietnam Association of Mechanical Industry (VAMI) believes the method of determining the localization ratio in cars is not consistent with the Law on Promulgation of Legal Documents and is no longer suitable to the new circumstances.
After fast growth, domestically assembled cars face downtrend
The year 2020 witnessed many ups and downs of the car market. In H1, demand dropped dramatically because of Covid-19, but in H2, cars sold well thanks to the preferential vehicle registration tax.
High safety risks for buyers of smuggled electric bicycles
Smuggled low-quality components in electric bikes pose high risks for users in traffic and adversely affect domestic production.
